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PUC Discloses Price From Default Service Auction

October 7, 2020

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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

The Public Utilities Commission of Ohio approved the results of an October auction for 33 tranches of electricity Standard Service Offer (SSO) supply at the FirstEnergy Ohio utilities for the term June 1, 2021 to May 31, 2022

The auction produced a tranche-weighted average price of winning bids of $48.47 per MWh

There were 6 winning bidders

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